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Accounting Records

Date: 04/11/2006 | Category: Business | Author: Claire Reid

How good is your accounting? Small businesses should keep accurate records, but now more so than ever before as your chances of being audited are now twice that of what they were two years ago. In a recent article,  IRS Commissioner Mark Everson told members of a House committee Wednesday “That businesses grossing less than $10 million a year are largely responsible for unpaid taxes.”


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